Appeal from the District Court of Laramie County. The Honorable Thomas T.C. Campbell, Judge.
For Appellant: Laura J. Jackson of Jackson & Ojeda, LLC, Cheyenne, Wyoming.
For Appellee: Douglas W. Bailey of Bailey, Stock & Harmon, P.C., Cheyenne, Wyoming.
Before BURKE, C.J., and HILL, KITE[*], DAVIS, and FOX, JJ.
[¶1] Jason William Stephen (Husband) appeals from the property division portion of a divorce decree, claiming the district court abused its discretion in valuing his interest in the family business and requiring him to make a lump sum payment to Amy Jo Stephen (Wife). We affirm.
[¶2] Husband contends the district court abused its discretion by:
1. Requiring him to make a lump sum payment to Wife rather than devising a plan for payment over time;
2. Using a capitalization of earnings method to value the family business without first finding the business is likely to survive the lump sum payment; and
3. Failing to apply a minority discount after Wife's expert witness testified the discount was appropriate.
[¶3] Wife asserts the district court did not abuse its discretion because:
1. A lump sum payment was reasonable, given Husband's income and the success ...